US: Cross-party group proposes direct oil tax

Three 'big guns' from US politics are proposing taxing oil directly to fund transport infrastructure expenditure, reports Reuters. Former US Senator Bill Bradley, former Pennsylvania Governor Tom Ridge, and former US Comptroller General David Walker, say in a news release issued on 11 July: "We, three leaders representing the US Subscribe to Automotive World to … Continued

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• July 12, 2011